Leadership Beginnings Executive Presentation
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Northwell Direct<br />
Northwell Direct Network Development<br />
Past Present Future<br />
FROM<br />
TO<br />
1.0<br />
TO<br />
2.0<br />
• Launched in 2014, CareConnect grew to over 125K<br />
members, including Northwell Health employees;<br />
Shut down in 2018<br />
• Primarily a fully insured product offering in which<br />
the majority of consumers were individuals and<br />
small groups both on and off the NYS health<br />
insurance exchange<br />
• Heavily regulated, significant start-up investments,<br />
and financial risk carried by the health system<br />
(medical loss ratio, risk adjuster, etc.)<br />
• Launched into the market in 2020, leveraging and<br />
building upon the legacy CareConnect network<br />
with support from internal & external partners.<br />
We currently have 75K lives using the network.<br />
• Target clients are medium to large sized employers<br />
with self funded insurance plans and employees<br />
that fall primarily within Northwell Health’s core<br />
catchment area<br />
• Lighter footprint infrastructure and start-up<br />
investments required and financial risk primarily<br />
carried by employer clients and stop-loss carriers<br />
• Create partnerships to expand network footprint<br />
and enhance delivery modalities to improve<br />
margin and create greater diversity and scalability<br />
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